Tag: $Alphabet

Google-parent Alphabet  is set to cut more jobs in order to make space for investment in artificial intelligence.

Alphabet Inc.’s Google is laying off hundreds of staff working on its digital assistant, hardware and engineering teams as it sustains a drive to cut costs.

The internet search giant, owned by Alphabet, has agreed to settle a $5 billion consumer-privacy lawsuit, alleging it tracked the internet use of millions of people who thought they were browsing privately.

Google-parent Alphabet has agreed to a $700 million settlement to resolve one of the antitrust claims around its app store.

Videogames developer Epic Games’ victory over Google in an antitrust case is a decision that casts doubt on the app-store model of companies like Google-parent Alphabet -1.26% and Apple .It also effects the Big Tech peers who are seeking to displace them.

Alphabet 1.69% stock fell in after-hours trading Tuesday despite stronger-than-expected quarterly earnings from the Google parent.

Google has expanded the reach of its Bard chatbot to other Google applications and services, including Gmail, Google Docs, and YouTube.

Google is cutting hundreds of jobs in its global recruiting organization as part of a broader pullback in hiring over the next several quarters, CNBC has confirmed.

Alphabet shares were rising in late trading Tuesday after the search giant helped kick off Big Tech earnings on a positive note.

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Google is having productive early conversations with regulators in the European Union about the bloc’s groundbreaking artificial intelligence regulations and how it and other companies can build AI safely and responsibly, the head of the company’s cloud computing division told CNBC.

The European Union on Wednesday charged Google with breaching antitrust rules in advertising technology, known as adtech, and may seek the breakup of parts of the tech giant’s business to allay the bloc’s concerns.

Alphabet’s Google and Microsoft are inserting ads into AI experiments without providing an option to opt out of participation, an approach that has already rankled some brands and risks further pushback from the industry, ad buyers told Reuters.